Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-15-Speech-2-197-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-11-15"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"da"^^xsd:language2
lpv:document identification number	"en.20111115.27.2-197-000"2
lpv:hasSubsequent	lp_eu:2011-11-15-Speech-2-198-0002
lpv:speaker	lp:Bendt Bendtsen2
lpv:spokenAs	unknown; Det Konservative Folkeparti (2009-07-14--2014-06-30)3 member_of_the_bureau; EPP (2009-07-14--2014-06-30)3 substitute; Delegation to the Parliamentary Assembly of the Union for the Mediterranean (2009-09-16--2014-06-30)3 substitute; BUDG (2009-07-16--2012-01-18)3 member; ITRE (2009-07-16--2012-01-18)3 member; Delegation for relations with the countries of South Asia (2009-09-16--2014-06-30)3 substitute; Delegation for relations with Australia and New Zealand (2009-09-16--2014-06-30)3
lpv:translated text	"Madam President, I voted in favour of the regulation today. Credit default swaps can provide greater liquidity in our economy and, in certain cases, can also help to protect and safeguard us against loss. The problem is – as the financial crisis has shown very clearly – that they also contain problematic elements that have entailed a significant systemic risk for our economy, because speculation kicked off a negative spiral. What has been absolutely crucial today is the fact that we have taken a decision that can remedy the problem. We are injecting a degree of responsibility into credit default swaps by ensuring that there is an ownership element, such that buyers and sellers must have a certain relationship to the instrument that they are trading with. I think this is a very positive development and I have therefore voted in favour of the proposal."@en1
lpv:videoURI	<go to Events_and_structure europarl>2

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